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Marriott Set to Buy Delta Hotels and Resorts

Marriott Set to Buy Delta Hotels and Resorts

Marriott International Inc. has reached an agreement to purchase Canada’s Delta Hotels and Resorts, which has 38 properties in 30 Canadian cities, for approximately $135 million, the Wall Street Journal has reported. With this deal, Marriott will acquire the brand, ...

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Ashford Hospitality to Acquire Memphis Marriott East

Ashford Hospitality to Acquire Memphis Marriott East

DALLAS—Ashford Hospitality Trust, Inc. announced today that it has signed a definitive agreement to acquire the 232-room Memphis Marriott East hotel for total consideration of $43.5 million in cash ($187,500 per key). The acquisition is expected to close within the ...

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Marriott Expects to Exceed One Million Rooms in 2015

Marriott Expects to Exceed One Million Rooms in 2015

DAVOS, SWITZERLAND, AND BETHESDA, Md.—Marriott International, Inc. said today that it expects its portfolio of hotels either open or under development to surpass one million rooms by the end of 2015. When open, the hotels under development will have generated ...

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Marriott Testing Streaming Services in Select Hotels

Marriott Testing Streaming Services in Select Hotels

Binge-watching is now on the room service menu for select Marriott guests. Bloomberg has reported that Marriott International Inc. has made streaming services like Netflix, Hulu, and Pandora available in eight properties. While guests can already access Netflix through the ...

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Detroit Marriott Completes $30 Million Renovation

Detroit Marriott Completes $30 Million Renovation

DETROIT—The Detroit Marriott at the Renaissance Center today announced the completion of a massive, one-year renovation project that has transformed 1,298 guest rooms and 100,000 square feet of meeting space with an investment of $30 million. One of the tallest ...

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